iShares MSCI Indonesia ETF (NYSEARCA:EIDO) Shares Purchased by Banque Pictet & Cie SA

Banque Pictet & Cie SA increased its holdings in iShares MSCI Indonesia ETF (NYSEARCA:EIDO) by 300.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 40,000 shares of the company’s stock after acquiring an additional 30,000 shares during the period. Banque Pictet & Cie SA’s holdings in iShares MSCI Indonesia ETF were worth $771,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in EIDO. Family Firm Inc. acquired a new stake in shares of iShares MSCI Indonesia ETF during the second quarter valued at about $81,000. BNP Paribas Financial Markets boosted its position in shares of iShares MSCI Indonesia ETF by 330.0% during the 1st quarter. BNP Paribas Financial Markets now owns 13,030 shares of the company’s stock worth $294,000 after purchasing an additional 10,000 shares during the period. Asahi Life Asset Management CO. LTD. increased its holdings in iShares MSCI Indonesia ETF by 24.9% in the 4th quarter. Asahi Life Asset Management CO. LTD. now owns 13,490 shares of the company’s stock valued at $301,000 after purchasing an additional 2,690 shares during the last quarter. SG Americas Securities LLC purchased a new stake in iShares MSCI Indonesia ETF in the second quarter valued at approximately $313,000. Finally, Smith Group Asset Management LLC lifted its stake in iShares MSCI Indonesia ETF by 30.6% during the first quarter. Smith Group Asset Management LLC now owns 14,736 shares of the company’s stock worth $332,000 after purchasing an additional 3,456 shares in the last quarter.

iShares MSCI Indonesia ETF Stock Performance

Shares of EIDO traded up $0.73 during midday trading on Friday, hitting $22.02. 433,570 shares of the stock were exchanged, compared to its average volume of 537,076. The firm has a market cap of $466.82 million, a P/E ratio of 10.08 and a beta of 0.55. iShares MSCI Indonesia ETF has a 52-week low of $18.09 and a 52-week high of $23.46. The stock has a fifty day simple moving average of $20.04 and a 200 day simple moving average of $20.97.

iShares MSCI Indonesia ETF Profile

The iShares MSCI Indonesia ETF (EIDO) is an exchange-traded fund that is based on the MSCI Indonesia IMI 25-50 index, a market-cap-weighted index of large-, mid and small-cap Indonesian companies. EIDO was launched on May 5, 2010 and is managed by BlackRock.